Ep. #58 - Integrating Microprudential Supervision with Macroprudential Policy

Toronto Centre Podcasts - Un pódcast de Toronto Centre

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In this podcast, Barry Johnston discusses the TC Note Integrating Microprudential Supervision with Macroprudential Policy (https://res.torontocentre.org/guidedocs/Integrating%20Microprudential_Supervision%20with%20Macroprudential%20Policy%20FINAL.pdf). He explains the reasons supervisory authorities should adopt a macroprudential approach and why the traditional approach to micro-prudential supervision has been ineffective in preventing financial crises.

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